A recent post on “The Home Story”, a site published by Fannie Mae, explained the difference between the price a seller may get for their home and the value an appraiser might assign the property. [Read more…]

Just like our clocks this weekend in the majority of the country, the housing market will soon “spring forward!” Similar to tension in a spring, the lack of inventory available for sale in the market right now is what is holding back the market.

Many potential sellers believe that waiting until Spring is in their best interest, and traditionally they would have been right.

Buyer demand has seasonality to it, which usually falls off in the winter months, especially in areas of the country impacted by arctic temperatures and conditions.

That hasn’t happened this year.

Demand for housing has remained strong as mortgage rates have remained near historic lows.

The National Association of Realtors (NAR) recently reported that the top 10 dates sellers listed their homes in 2015 all fell in April, May or June.

Those who act quickly and list now could benefit greatly from additional exposure to buyers prior to a flood of more competition coming to market in the next few months.

Bottom Line

If you are planning on selling your home in 2016, let’s meet up to evaluate the opportunities in your market.

Housing Market To “Spring Forward” This Year
Source: Simplifying the Market

Thinking about buying a home? Since it’s likely the single biggest investment you will ever make, being prepared will help you make a smarter purchase decision. Don’t make an offer until you read and understand these real estate insider tips. [Read more…]

There are some homeowners that have been waiting for months to get a price they hoped for when they originally listed their house for sale. The only thing they might want to consider is… If it hasn’t sold yet, maybe it’s not priced properly. [Read more…]

Some Highlights:

Existing Home Sales rose to an annual rate of 5.47 million, representing an 11% increase year-over-year.

Inventory levels remain below the 6-month supply needed for a normal market at a 4.0-month supply.

Lawrence Yun, NAR’s Chief Economist, warns: “The spring buying season is right around the corner and current supply levels aren’t even close to what’s needed to accommodate the subsequent growth in housing demand.”

Existing Home Sales Inch Up In January [INFOGRAPHIC]
Source: Simplifying the Market

Maureen Moran

All information regarding a property for sale, rental, taxes or financing is from sources deemed reliable. No representation is made as to the accuracy thereof, and such information is subject to errors, omission, change of price, rental, commission, prior sale, lease or financing, or withdrawal without notice. All square footage and dimensions are approximate. Exact dimensions can be obtained by retaining the services of a professional architect or engineer.

All data is deemed reliable but is not guaranteed accurate by the MLS, @properties, or Maureen Moran. See Terms of Service for additional restrictions.

The number of bedrooms listed above is not a legal conclusion. Each person should consult with his/her own attorney, architect or zoning expert to make a determination as to the number of rooms in the unit that may be legally used as a bedroom.

Our Privacy Policy

Doing business as Maureen Moran, Realtor, I recognize that you expect privacy and security when it comes to information that personally identifies you and allows you to be individually contacted ('Personal Information'). I have adopted the following online privacy policy because I understand the need to safeguard the information you may be providing to us at our web site.

Online Forms

When you provide me with Personal Information through my various forms, I may use that information to occasionally notify you about important functionality changes to our web site. I may need to know your name, e-mail address, mailing address and telephone numbers so I can be sure to get in touch with you when and how you ask me to. Your information will not be shared or sold to any person or entity.

About Our Cookies

Cookies are small pieces of information that are stored by your browser on your computer hard drive. My cookies allow me to welcome you back to my site and provide you with your personalized home searches. Most web browsers automatically accept cookies, but you can change your browser to prevent cookies from being placed on your computer without your consent. You can still use my regular home search feature and every other function on my site even though your computer will not accept cookies. Cookies, by themselves, cannot be used to discover your identity and I do not know your identity unless you tell us.

Links to other web sites

My web site contains links to and from other web sites and may be in the form of display advertising. I cannot guarantee that web sites other than ChicagoDreamHome.com will respect and protect your Personal Information in the same manner that I do. I urge you to go to and read the Privacy Statements of other web sites when you visit them for your own protection. I am also not responsible for the content of web sites other than ChicagoDreamHome.com.

Your consent

When you provide me with Personal Information, you consent to the collection and use of this information by me for providing services necessary to complete your transaction. If I decide to change my privacy policy, I will post changes on this page so that you are always aware of what information I collect, how we use it, and under what circumstances I disclose it.

Doing business as Maureen Moran, Realtor, I recognize that you expect privacy and security when it comes to information that personally identifies you and allows you to be individually contacted ('Personal Information'). I have adopted the following online privacy policy because I understand the need to safeguard the information you may be providing to us at our web site.

Online Forms

When you provide me with Personal Information through my various forms, I may use that information to occasionally notify you about important functionality changes to our web site. I may need to know your name, e-mail address, mailing address and telephone numbers so I can be sure to get in touch with you when and how you ask me to. Your information will not be shared or sold to any person or entity.

About Our Cookies

Cookies are small pieces of information that are stored by your browser on your computer hard drive. My cookies allow me to welcome you back to my site and provide you with your personalized home searches. Most web browsers automatically accept cookies, but you can change your browser to prevent cookies from being placed on your computer without your consent. You can still use my regular home search feature and every other function on my site even though your computer will not accept cookies. Cookies, by themselves, cannot be used to discover your identity and I do not know your identity unless you tell us.

Links to other web sites

My web site contains links to and from other web sites and may be in the form of display advertising. I cannot guarantee that web sites other than ChicagoDreamHome.com will respect and protect your Personal Information in the same manner that I do. I urge you to go to and read the Privacy Statements of other web sites when you visit them for your own protection. I am also not responsible for the content of web sites other than ChicagoDreamHome.com.

Your consent

When you provide me with Personal Information, you consent to the collection and use of this information by me for providing services necessary to complete your transaction. If I decide to change my privacy policy, I will post changes on this page so that you are always aware of what information I collect, how we use it, and under what circumstances I disclose it.